5566 Thomaston Rd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
5566 Thomaston Rd
30,475 SF Office Building Macon-Bibb, GA 31220 $13,104,272 CAD ($430 CAD/SF) 7.50% Cap Rate
Investment Highlights
- • Firm term of the lease extended from 5 to 8 years in a 2022 SLA
- • Lease expiration: 8/11/2032 (firm throughout)
- • 140 VA designated parking spots in front of and to the rear of the building
- • Firm term further extended through the full lease term in a 2024 SLA - illustrating strong VA commitment to the facility
- • ± 5,432 SF expansion completed in 2022 for a mental health wing. Further expansion behind the facility is possible
- • Strong building usage - 20,000 visits annually
Executive Summary
Opportunity to acquire a ± 30,475 SF build-to-suit for the U.S. Department of Veterans Affairs. The CBOC facility was built in 2018; a ± 5,432 SF expansion was completed in 2022. The subject property was constructed in response to a rapid increase in demand for medical care for veterans throughout mid/South Georgia. This facility contains specialized features required in order to provide more comprehensive services to eligible military veterans including Audiology, Cardiology, Dermatology, Optometry, Primary care, Specialty care, and Mental health services. About 6,300 veterans are treated at this location with about 20,000 visits annually.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
30,475 SF
Building Class
B
Year Built/Renovated
2018/2022
Price
$13,104,272 CAD
Price Per SF
$430 CAD
Cap Rate
7.50%
NOI
$983,074 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
30,475 SF
Building FAR
0.20
Land Acres
3.57 AC
Zoning
C-4
Parking
140 Spaces (4.59 Spaces per 1,000 SF Leased)
1 of 1
PROPERTY TAXES
| Parcel Number | K008-0215 | Improvements Assessment | $2,324,744 CAD |
| Land Assessment | $295,774 CAD | Total Assessment | $2,620,518 CAD |
PROPERTY TAXES
Parcel Number
K008-0215
Land Assessment
$295,774 CAD
Improvements Assessment
$2,324,744 CAD
Total Assessment
$2,620,518 CAD
-
Davis Finney -
Colt Neal -
Will Baselj -
Newmark
1 of 4
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
5566 Thomaston Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.